Transamerica Bond (IDITX) NPORT-P Transamerica Floating Rate (Jul 2020 report)

Transamerica Floating Rate

SCHEDULE OF INVESTMENTS

At July 31, 2020

(unaudited)

	Principal		Value
CORPORATE DEBT SECURITIES - 5.6%
Commercial Services & Supplies - 1.3%
Garda World Security Corp.
4.63%, 02/15/2027 (A)		$  500,000		$  513,710
GFL Environmental, Inc.
4.25%, 06/01/2025 (A)		640,000		665,600
				1,179,310
Communications Equipment - 0.5%
CommScope, Inc.
5.50%, 03/01/2024 (A)		400,000		415,408
Construction & Engineering - 0.5%
PowerTeam Services LLC
9.03%, 12/04/2025 (A)		417,000		441,707
Containers & Packaging - 0.9%
Reynolds Group Issuer, Inc. / Reynolds Group Issuer LLC / Reynolds Group Issuer Lu
3-Month LIBOR + 3.50%, 3.78% (B), 07/15/2021 (A)		750,000		750,000
Health Care Providers & Services - 1.2%
LifePoint Health, Inc.
6.75%, 04/15/2025 (A)		500,000		538,750
Tenet Healthcare Corp.
4.63%, 09/01/2024 - 06/15/2028 (A)		500,000		517,090
				1,055,840
IT Services - 0.6%
Tempo Acquisition LLC / Tempo Acquisition Finance Corp.
5.75%, 06/01/2025 (A)		500,000		526,250
Machinery - 0.2%
Clark Equipment Co.
5.88%, 06/01/2025 (A)		200,000		210,250
Media - 0.4%
Univision Communications, Inc.
6.63%, 06/01/2027 (A)		333,000		333,933
Total Corporate Debt Securities (Cost $4,771,921)				4,912,698
LOAN ASSIGNMENTS - 84.9%
Aerospace & Defense - 0.4%
Avolon TLB Borrower 1 LLC
Term Loan B3,
1-Month LIBOR + 1.75%, 2.50% (B), 01/15/2025		246,256		234,713
Term Loan B4,
1-Month LIBOR + 1.50%, 2.25% (B), 02/12/2027		99,750		93,017
				327,730

	Principal		Value
LOAN ASSIGNMENTS (continued)
Airlines - 0.4%
Kestrel Bidco, Inc.
Term Loan B,
6-Month LIBOR + 3.00%, 4.00% (B), 12/11/2026		$   422,065		$   306,102
Auto Components - 0.7%
Mavis Tire Express Services Corp.
1st Lien Term Loan,
3-Month LIBOR + 3.25%, 3.56% (B), 03/20/2025		617,596		568,189
Automobiles - 0.7%
Thor Industries, Inc.
Term Loan B,
1-Month LIBOR + 3.75%, 3.94% (B), 02/01/2026		588,695		578,393
Beverages - 0.5%
Blue Ribbon LLC
Term Loan,
1-Month LIBOR + 4.00%, 3-Month LIBOR + 4.00%, 5.00% (B), 11/15/2021		484,234		435,811
Building Products - 1.4%
NCI Building Systems, Inc.
Term Loan,
1-Month LIBOR + 3.75%, 3.93% (B), 04/12/2025		595,987		583,074
VT Topco, Inc.
1st Lien Term Loan,
1-Month LIBOR + 3.50%, 3.66% (B), 08/01/2025		675,965		615,128
				1,198,202
Capital Markets - 2.2%
Blucora, Inc.
Term Loan B,
6-Month LIBOR + 4.00%, 5.00% (B), 05/22/2024		678,851		673,759
Deerfield Dakota Holding LLC
Term Loan B,
1-Month LIBOR + 3.75%, 4.75% (B), 04/09/2027		525,000		516,469
Kingpin Intermediate Holdings LLC
Term Loan B,
1-Month LIBOR + 3.50%, 4.50% (B), 07/03/2024 (C)		379,749		303,641
RPI Intermediate Finance Trust
Term Loan B1,
1-Month LIBOR + 1.75%, 1.91% (B), 02/11/2027		190,565		187,735
Victory Capital Holdings, Inc.
Term Loan B1,
3-Month LIBOR + 2.50%, 2.80% (B), 07/01/2026		248,717		243,898
				1,925,502

The notes are an integral part of this report. Transamerica Funds Page    1

Transamerica Floating Rate

SCHEDULE OF INVESTMENTS (continued)

At July 31, 2020

(unaudited)

	Principal		Value
LOAN ASSIGNMENTS (continued)
Chemicals - 1.8%
Minerals Technologies, Inc.
Term Loan B,
1-Month LIBOR + 2.25%, 3-Month LIBOR + 2.25%, 3.00% (B), 02/14/2024 (C) (D)		$   0		$   0
Polymer Process Holdings, Inc.
Term Loan,
1-Month LIBOR + 6.00%, 6.18% (B), 05/01/2026		891,000		815,265
VAC Germany Holdings GmbH
Term Loan B,
3-Month LIBOR + 4.00%, 5.00% (B), 03/08/2025		1,124,125		786,887
				1,602,152
Commercial Services & Supplies - 4.4%
Advanced Disposal Services, Inc.
Term Loan B3,
1-Week LIBOR + 2.25%, 3.00% (B), 11/10/2023		601,180		597,924
Aramark Services, Inc.
Term Loan B4,
1-Month LIBOR + 1.75%, 1.91% (B), 01/15/2027		149,625		141,894
BIFM Buyer, Inc.
Term Loan B,
3-Month LIBOR + 3.75%, 4.11% (B), 06/01/2026		493,759		481,415
Cardtronics USA, Inc.
Term Loan B,
1-Month LIBOR + 4.00%, 5.00% (B), 06/25/2027		125,000		124,167
Creative Artists Agency LLC
Term Loan B1,
1-Month LIBOR + 4.25%, 5.25% (B), 11/27/2026		300,000		284,250
Fly Funding II SARL
Term Loan B,
3-Month LIBOR + 1.75%, 2.20% (B), 08/11/2025		385,392		327,583
GFL Environmental, Inc.
Term Loan B,
1-Month LIBOR + 3.00%, 3-Month LIBOR + 3.00%, 4.00% (B), 05/30/2025		636,329		632,529
Harsco Corp.
Term Loan B1,
1-Month LIBOR + 2.25%, 3.25% (B), 12/06/2024		95,408		94,454

	Principal		Value
LOAN ASSIGNMENTS (continued)
Commercial Services & Supplies (continued)
Prime Security Services Borrower LLC
Term Loan B1,
1-Month LIBOR + 3.25%, 6-Month LIBOR + 3.25%, 12-Month LIBOR + 3.25%, 4.25% (B), 09/23/2026		$   496,250		$   486,738
Spin Holdco, Inc.
Term Loan B,
3-Month LIBOR + 3.25%, 4.25% (B), 11/14/2022
		676,442		655,544
				3,826,498
Communications Equipment - 1.4%
Avaya, Inc.
Term Loan B,
1-Month LIBOR + 4.25%, 4.42% (B), 12/15/2024		617,491		583,308
Sabre Industries, Inc.
Term Loan B,
TBD, 04/15/2026 (C) (E)		250,000		246,250
Securus Technologies Holdings, Inc.
1st Lien Term Loan,
6-Month LIBOR + 4.50%, 5.50% (B), 11/01/2024		469,046		370,400
				1,199,958
Construction & Engineering - 1.1%
API Group DE, Inc.
Term Loan B,
TBD, 10/01/2026 (C) (E)		299,248		293,076
Granite Acquisition, Inc.
Term Loan B,
3-Month LIBOR + 3.50%, 4.50% (B), 12/19/2021		390,991		384,474
PowerTeam Services LLC
1st Lien Term Loan,
3-Month LIBOR + 3.25%, 4.25% (B), 03/06/2025		252,893		241,434
				918,984
Construction Materials - 0.2%
Forterra Finance LLC
Term Loan B,
1-Month LIBOR + 3.00%, 4.00% (B), 10/25/2023		193,525		188,928
Containers & Packaging - 6.1%
Anchor Glass Container Corp.
1st Lien Term Loan,
1-Month LIBOR + 2.75%, 3.75% (B), 12/07/2023		532,539		399,626
Ball Metalpack LLC
1st Lien Term Loan B,
3-Month LIBOR + 4.50%, 4.86% (B), 07/31/2025		702,862		660,691
Berry Global, Inc.
Term Loan Y,
TBD, 07/01/2026 (C) (E)		750,000		727,266

The notes are an integral part of this report. Transamerica Funds Page    2

Transamerica Floating Rate

SCHEDULE OF INVESTMENTS (continued)

At July 31, 2020

(unaudited)

	Principal		Value
LOAN ASSIGNMENTS (continued)
Containers & Packaging (continued)
Consolidated Container Co. LLC
1st Lien Term Loan,
1-Month LIBOR + 2.75%, 3.75% (B), 05/22/2024		$   252,627		$   249,154
Flex Acquisition Co., Inc.
1st Lien Term Loan,
3-Month LIBOR + 3.00%, 4.00% (B), 12/29/2023		613,388		592,175
Term Loan,
3-Month LIBOR + 3.25%, 3.55% (B), 06/29/2025		276,341		262,352
Graham Packaging Co., Inc.
Term Loan,
TBD, 08/06/2027 (C) (E)		450,000		448,425
Liqui-Box Holdings, Inc.
Term Loan B,
3-Month LIBOR + 4.50%, 5.50% (B), 02/26/2027		250,000		207,500
Plastipak Packaging, Inc.
Term Loan B,
1-Month LIBOR + 2.50%, 2.67% (B), 10/14/2024		607,335		594,049
Printpack Holdings, Inc.
Term Loan,
1-Month LIBOR + 3.00%, 4.00% (B), 07/26/2023		605,254		593,149
Reynolds Consumer Products LLC
Term Loan,
1-Month LIBOR + 1.75%, 1.91% (B), 02/04/2027		448,875		439,991
Tosca Services LLC
Term Loan,
1-Month LIBOR + 5.00%, 6.00% (B), 12/18/2026		180,194		172,986
				5,347,364
Diversified Consumer Services - 1.7%
Pre-Paid Legal Services, Inc.
1st Lien Term Loan,
TBD, 05/01/2025 (C) (E)		375,000		360,937
USS Ultimate Holdings, Inc.
1st Lien Term Loan,
3-Month LIBOR + 3.75%, 4.75% (B), 08/25/2024		756,717		710,747
William Morris Endeavor Entertainment LLC
1st Lien Term Loan,
1-Month LIBOR + 2.75%, 2.92% (B), 05/18/2025		499,012		395,883
				1,467,567

	Principal		Value
LOAN ASSIGNMENTS (continued)
Diversified Financial Services - 1.5%
BCP Raptor II LLC
1st Lien Term Loan,
1-Month LIBOR + 4.75%, 4.91% (B), 11/03/2025		$   435,600		$   273,884
NBG Acquisition, Inc.
Term Loan,
3-Month LIBOR + 5.50%, 6.57% (B), 04/26/2024		990,544		371,454
Russell Investments US Institutional Holdco, Inc.
Term Loan B,
6-Month LIBOR + 2.75%, 3.82% (B), 06/01/2023		339,765		334,031
WG Partners Acquisition LLC
Term Loan B,
3-Month LIBOR + 3.50%, 4.50% (B), 11/15/2023		346,822		334,683
				1,314,052
Diversified Telecommunication Services - 1.6%
CenturyLink, Inc.
Term Loan B,
1-Month LIBOR + 2.25%, 2.41% (B), 03/15/2027		293,525		282,354
Global Tel*Link Corp.
1st Lien Term Loan,
1-Month LIBOR + 4.25%, 4.41% (B), 11/29/2025		585,422		506,390
Hargray Communications Group, Inc.
Term Loan B,
1-Month LIBOR + 3.00%, 4.00% (B), 05/16/2024		648,855		634,094
				1,422,838
Electric Utilities - 0.5%
Vistra Operations Co. LLC
1st Lien Term Loan B3,
1-Month LIBOR + 1.75%, 1.91% - 1.93% (B), 12/31/2025		401,931		395,651
Electrical Equipment - 1.1%
Electrical Components International, Inc.
1st Lien Term Loan,
1-Month LIBOR + 4.25%, 4.41% (B), 06/26/2025		323,165		271,458
VC GB Holdings, Inc.
1st Lien Term Loan,
1-Month LIBOR + 3.00%, 4.00% (B), 02/28/2024		663,817		640,584
				912,042

The notes are an integral part of this report. Transamerica Funds �� Page    3

Transamerica Floating Rate

SCHEDULE OF INVESTMENTS (continued)

At July 31, 2020

(unaudited)

	Principal		Value
LOAN ASSIGNMENTS (continued)
Electronic Equipment, Instruments & Components - 1.5%
Badger Buyer Corp.
Term Loan B,
1-Month LIBOR + 3.50%, 4.50% (B), 09/30/2024		$   438,053		$   370,155
Electro Rent Corp.
1st Lien Term Loan,
3-Month LIBOR + 5.00%, 6.00% (B), 01/31/2024		655,528		645,695
GrafTech Finance, Inc.
Term Loan B,
1-Month LIBOR + 3.50%, 4.50% (B), 02/12/2025		291,965		283,207
				1,299,057
Equity Real Estate Investment Trusts - 0.9%
iStar, Inc.
Term Loan B,
1-Month LIBOR + 2.75%, 2.91% - 2.93% (B), 06/28/2023		815,609		793,180
Food & Staples Retailing - 1.9%
BJ’s Wholesale Club, Inc.
1st Lien Term Loan,
1-Month LIBOR + 2.00%, 2.18% (B), 02/03/2024		77,089		76,018
BW Gas & Convenience Holdings LLC
Term Loan,
1-Month LIBOR + 6.25%, 6.43% (B), 11/18/2024		536,250		528,206
Chef’s Warehouse Leasing Co. LLC
Term Loan,
1-Month LIBOR + 5.50%, 5.66% (B), 06/22/2025		180,768		170,826
Hostess Brands LLC
Term Loan,
1-Month LIBOR + 2.25%, 2-Month LIBOR + 2.25%, 3-Month LIBOR + 2.25%, 3.00% (B), 08/03/2025		939,832		918,686
				1,693,736
Food Products - 2.9%
8th Avenue Food & Provisions, Inc.
1st Lien Term Loan,
1-Month LIBOR + 3.50%, 3.67% (B), 10/01/2025		369,375		363,834
B&G Foods, Inc.
Term Loan B4,
1-Month LIBOR + 2.50%, 2.66% (B), 10/10/2026		547,868		539,764
Dole Food Co., Inc.
Term Loan B,
TBD, 04/06/2024 (C) (E)		469,763		457,138

	Principal		Value
LOAN ASSIGNMENTS (continued)
Food Products (continued)
Froneri International, Ltd.
Term Loan,
1-Month LIBOR + 2.25%, 2.41% (B), 01/29/2027		$   245,000		$   234,894
Shearer’s Foods, Inc.
Term Loan B,
1-Month LIBOR + 4.25%, 5.25% (B), 03/31/2022		977,533		968,675
				2,564,305
Health Care Equipment & Supplies - 1.3%
Carestream Dental Equipment, Inc.
1st Lien Term Loan,
3-Month LIBOR + 3.25%, 4.32% (B), 09/01/2024		1,048,763		962,240
Ortho-Clinical Diagnostics SA
Term Loan B,
1-Month LIBOR + 3.25%, 3.42% (B), 06/30/2025		177,607		171,880
				1,134,120
Health Care Providers & Services - 5.2%
AHP Health Partners, Inc.
Term Loan,
1-Month LIBOR + 4.50%, 5.50% (B), 06/30/2025		798,941		791,950
DuPage Medical Group, Ltd.
Term Loan,
1-Month LIBOR + 2.75%, 3.50% (B), 08/15/2024 (C)		483,463		464,125
HCA, Inc.
Term Loan B13,
1-Month LIBOR + 1.75%, 1.91% (B), 03/18/2026		607,948		598,829
Pathway Vet Alliance LLC
Term Loan,
1-Month LIBOR + 4.00%, 4.16% (B), 03/31/2027		230,631		225,586
Pearl Intermediate Parent LLC
1st Lien Term Loan,
1-Month LIBOR + 2.75%, 2.91% (B), 02/14/2025		644,340		624,205
Quorum Health Corp.
Term Loan,
3-Month LIBOR + 8.25%, 9.25% (B), 04/29/2025		672,115		625,066

The notes are an integral part of this report. Transamerica Funds Page    4

Transamerica Floating Rate

SCHEDULE OF INVESTMENTS (continued)

At July 31, 2020

(unaudited)

	Principal		Value
LOAN ASSIGNMENTS (continued)
Health Care Providers & Services (continued)
RadNet, Inc.
Repriced Term Loan,
6-Month LIBOR + 3.75%, 4.75% (B), 06/30/2023		$   491,326		$   481,500
WP CityMD Bidco LLC
Term Loan B,
3-Month LIBOR + 4.50%, 6-Month LIBOR + 4.50%, 5.50% - 5.57% (B), 08/13/2026		746,250		741,431
				4,552,692
Hotels, Restaurants & Leisure - 4.0%
Affinity Gaming LLC
Term Loan,
2-Month LIBOR + 3.25%, 4.25% (B), 07/01/2023		822,340		694,192
Boyd Gaming Corp.
Term Loan A,
1-Week LIBOR + 2.75%, 3.25% (B), 09/15/2021		277,801		272,592
Caesars Resort Collection LLC
1st Lien Term Loan B,
1-Month LIBOR + 2.75%, 2.91% (B), 12/23/2024		342,696		314,668
Term Loan B1,
1-Month LIBOR + 4.50%, 3-Month LIBOR + 4.50%, 4.69% - 5.00% (B), 07/21/2025		25,000		24,083
ClubCorp Holdings, Inc.
Term Loan B,
3-Month LIBOR + 2.75%, 3.06% (B), 09/18/2024		455,367		388,713
Flynn Restaurant Group, LP
1st Lien Term Loan,
1-Month LIBOR + 3.50%, 3.67% (B), 06/27/2025		584,499		528,972
NEP / NCP Holdco, Inc.
1st Lien Term Loan,
1-Month LIBOR + 3.25%, 3.41% (B), 10/20/2025		199,494		163,685
Penn National Gaming, Inc.
Term Loan A,
3-Month LIBOR + 3.00%, 3.75% (B), 10/19/2023		697,504		666,116
United PF Holdings LLC
1st Lien Term Loan,
3-Month LIBOR + 4.00%, 4.31% (B), 12/30/2026		331,742		258,758
Term Loan,
3-Month LIBOR + 8.50%, 9.50% (B), 12/30/2026		200,000		196,000
				3,507,779

	Principal		Value
LOAN ASSIGNMENTS (continued)
Household Durables - 4.2%
API Heat Transfer ThermaSys Corp.
Term Loan,
3-Month LIBOR + 1.00%, PIK Rate 12.00%, Cash Rate 0.00%, 12.00%(B), 12/31/2023 (E) (F)		$   879,303		$   681,460
Hoffmaster Group, Inc.
1st Lien Term Loan,
3-Month LIBOR + 4.00%, 5.00% (B), 11/21/2023		477,359		389,048
Libbey Glass, Inc.
Term Loan,
3-Month LIBOR + 11.00%, 0.50% - 12.00% (B), 01/01/2021 (G)		285,704		291,855
3-Month LIBOR + 1.00%, PIK Rate 2.00%, Cash Rate 2.00%, 2.00%(B), 11/30/2020 (F) (G)		285,704		285,704
Term Loan B,
1-Month LIBOR + 3.00%, PIK Rate 2.00%, Cash Rate 3.17%, 2.00% - 3.00%(B), 04/09/2021 (F) (G)		964,644		163,989
Lifetime Brands, Inc.
Term Loan B,
1-Month LIBOR + 3.50%, 4.50% (B), 02/28/2025		531,551		494,343
SIWF Holdings, Inc.
1st Lien Term Loan,
3-Month LIBOR + 4.25%, 5.32% (B), 06/15/2025		248,731		230,905
WKI Holding Co., Inc.
Term Loan B,
1-Month LIBOR + 4.00%, 4.17% (B), 05/01/2024		1,167,162		1,108,804
				3,646,108
Household Products - 0.9%
Kronos Acquisition Holdings, Inc.
Term Loan B,
TBD, 05/15/2023 (D) (E)		0		0
Safety Products / JHC Acquisition Corp.
1st Lien Term Loan,
3-Month LIBOR + 4.50%, 5.57% (B), 06/26/2026		882,391		732,385
Delayed Draw Term Loan,
1-Month LIBOR + 4.50%, 6-Month LIBOR + 4.50%, 1.00% - 6.00% (B), 06/26/2026		47,695		39,587
				771,972

The notes are an integral part of this report. Transamerica Funds Page    5

Transamerica Floating Rate

SCHEDULE OF INVESTMENTS (continued)

At July 31, 2020

(unaudited)

	Principal		Value
LOAN ASSIGNMENTS (continued)
Independent Power & Renewable Electricity Producers - 1.5%
Calpine Construction Finance Co., LP
Term Loan B,
1-Month LIBOR + 2.00%, 2.16% (B), 01/15/2025		$   957,590		$   928,563
Terra-Gen Finance Co. LLC
Term Loan B,
1-Month LIBOR + 4.25%, 5.25% (B), 12/09/2021		355,173		344,518
				1,273,081
Interactive Media & Services - 0.4%
Ancestry.com Operations, Inc.
Term Loan B,
1-Month LIBOR + 4.25%, 4.42% (B), 08/27/2026		340,963		329,455
IT Services - 2.2%
Flexential Intermediate Corp.
1st Lien Term Loan,
3-Month LIBOR + 3.50%, 3.81% (B), 08/01/2024		379,077		307,052
Helios Software Holdings, Inc.
Term Loan,
6-Month LIBOR + 4.25%, 5.32% (B), 10/24/2025		497,481		481,561
Moneygram International, Inc.
Term Loan B,
2-Month LIBOR + 6.00%, 6.26% (B), 06/30/2023		434,628		410,723
Rackspace Hosting, Inc.
1st Lien Term Loan,
3-Month LIBOR + 3.00%, 4.00% (B), 11/03/2023		206,112		201,622
Vestcom Parent Holdings, Inc.
1st Lien Term Loan,
3-Month LIBOR + 4.00%, Prime Rate + 3.00%, 5.00% - 6.25% (B), 12/19/2023		510,552		482,472
				1,883,430
Leisure Products - 1.7%
Bombardier Recreational Products, Inc.
Term Loan,
1-Month LIBOR + 2.00%, 2.16% (B), 05/24/2027		495,013		471,499
Callaway Golf Co.
Term Loan B,
1-Month LIBOR + 4.50%, 4.67% (B), 01/02/2026		420,726		418,622
SP PF Buyer LLC
Term Loan,
1-Month LIBOR + 4.50%, 4.66% (B), 12/22/2025		676,095		583,132
				1,473,253

	Principal		Value
LOAN ASSIGNMENTS (continued)
Machinery - 2.9%
CTOS LLC
Term Loan B,
1-Month LIBOR + 4.25%, 4.43% (B), 04/18/2025		$   655,961		$   648,582
Ingersoll-Rand Services Co.
Term Loan,
1-Month LIBOR + 1.75%, 1.91% (B), 03/01/2027		249,375		238,932
Rexnord LLC
Term Loan B,
1-Month LIBOR + 1.75%, 1.92% (B), 08/21/2024		539,767		533,020
Terex Corp.
Term Loan B1,
3-Month LIBOR + 2.75%, 3.50% (B), 01/31/2024		740,625		725,813
Vertiv Group Corp.
Term Loan B,
1-Month LIBOR + 3.00%, 3.16% (B), 03/02/2027		199,500		196,175
Welbilt, Inc.
Term Loan B,
1-Month LIBOR + 2.50%, 2.66% (B), 10/23/2025		250,000		218,750
				2,561,272
Media - 6.0%
AVSC Holding Corp.
1st Lien Term Loan,
1-Month LIBOR + 3.25%, 3-Month LIBOR + 3.25%, 6-Month LIBOR + 3.25%, 4.25% (B), 03/03/2025		446,574		316,323
Block Communications, Inc.
Term Loan,
3-Month LIBOR + 2.25%, 2.56% (B), 02/25/2027		149,625		145,011
Charter Communications Operating LLC
Term Loan B2,
1-Month LIBOR + 1.75%, 1.92% (B), 02/01/2027		698,241		680,287
CSC Holdings LLC
1st Lien Term Loan,
TBD, 07/17/2025 (C) (E)		500,000		479,375
E.W. Scripps Co.
Term Loan B,
1-Month LIBOR + 2.00%, 2.16% (B), 10/02/2024		249,359		237,452
Gray Television, Inc.
Term Loan B,
1-Month LIBOR + 2.25%, 2.42% (B), 02/07/2024		750,000		729,187

The notes are an integral part of this report. Transamerica Funds Page    6

Transamerica Floating Rate

SCHEDULE OF INVESTMENTS (continued)

At July 31, 2020

(unaudited)

	Principal			Value
LOAN ASSIGNMENTS (continued)
Media (continued)
Meredith Corp.
Term Loan B,
3-Month LIBOR + 4.25%, 5.25% (B), 01/31/2025		$   100,000			$   97,625
Term Loan B2,
1-Month LIBOR + 2.50%, 2.67% (B), 01/31/2025		590,577			557,357
MH Sub I LLC
Term Loan,
3-Month LIBOR + 3.75%, 4.75% (B), 09/13/2024		150,000			145,734
Quincy Newspapers, Inc.
Term Loan B,
3-Month LIBOR + 3.00%, Prime Rate + 2.00%, 4.00% - 5.25% (B), 10/02/2022		668,038			638,811
Sinclair Television Group, Inc.
Term Loan B2B,
1-Month LIBOR + 2.50%, 2.68% (B), 09/30/2026		496,250			480,432
Terrier Media Buyer, Inc.
Term Loan B,
1-Month LIBOR + 4.25%, 4.41% (B), 12/17/2026		497,500			483,042
Virgin Media Bristol LLC
Term Loan N,
1-Month LIBOR + 2.50%, 2.67% (B), 01/31/2028		225,000			218,215
					5,208,851
			��
Multi-Utilities - 0.6%
Solenis Holdings LLC
1st Lien Term Loan,
3-Month LIBOR + 4.00%, 4.36% (B), 06/26/2025		496,441			481,796
Oil, Gas & Consumable Fuels - 1.7%
BCP Raptor LLC
Term Loan B,
3-Month LIBOR + 4.25%, 5.25% (B), 06/24/2024		506,574			385,756
Citgo Petroleum Corp.
Term Loan B,
TBD, 07/29/2021 (D) (E)		0			0
EG America LLC
Term Loan,
TBD, 02/07/2025 (C) (E)		250,000			237,500
Fieldwood Energy LLC
1st Lien Term Loan,
3-Month LIBOR + 5.25%, 6.25% (B), 04/11/2022 (G)		1,100,000			264,000
Phoenix Services International LLC
Term Loan,
1-Month LIBOR + 3.75%, 4.75% (B), 03/01/2025		215,793			199,069

	Principal		Value
LOAN ASSIGNMENTS (continued)
Oil, Gas & Consumable Fuels (continued)
Prairie ECI Acquiror, LP
Term Loan B,
1-Month LIBOR + 4.75%, 4.91% (B), 03/11/2026		$   2,163		$   1,943
Southeast PowerGen LLC
Term Loan B,
1-Month LIBOR + 3.50%, 4.50% (B), 12/02/2021		465,185		423,319
				1,511,587
Paper & Forest Products - 1.8%
Clearwater Paper Corp.
Term Loan B,
3-Month LIBOR + 3.25%, 4.25% (B), 07/26/2026		494,450		491,978
Dunn Paper, Inc.
1st Lien Term Loan,
1-Month LIBOR + 4.75%, 5.75% (B), 08/26/2022		898,735		826,836
Neenah, Inc.
Term Loan B,
3-Month LIBOR + 4.00%, 5.00% (B), 06/25/2027		75,000		74,625
Pixelle Specialty Solutions LLC
Term Loan B,
1-Month LIBOR + 6.50%, 7.50% (B), 10/31/2024		197,475		189,987
				1,583,426
Personal Products - 1.1%
Knowlton Development Corp., Inc.
Term Loan B,
3-Month LIBOR + 3.75%, 4.06% (B), 12/22/2025		985,000		961,606
Pharmaceuticals - 1.6%
Alphabet Holding Co., Inc.
1st Lien Term Loan,
1-Month LIBOR + 3.50%, 3.66% (B), 09/26/2024		716,907		686,439
Amneal Pharmaceuticals LLC
Term Loan B,
1-Month LIBOR + 3.50%, 3.69% (B), 05/04/2025		483,567		454,553
Elanco Animal Health, Inc.
Term Loan B,
TBD, 02/04/2027 (C) (E)		235,714		229,748
				1,370,740
Professional Services - 1.0%
Everi Payments, Inc.
Term Loan B,
3-Month LIBOR + 2.75%, 3.82% (B), 05/09/2024		888,276		841,008

The notes are an integral part of this report. Transamerica Funds Page    7

Transamerica Floating Rate

SCHEDULE OF INVESTMENTS (continued)

At July 31, 2020

(unaudited)

	Principal		Value
LOAN ASSIGNMENTS (continued)
Real Estate Management & Development - 5.6%
Brookfield WEC Holdings, Inc.
Term Loan,
TBD, 08/01/2025 (C) (E)		$   250,000		$   244,375
CityCenter Holdings LLC
Term Loan B,
1-Month LIBOR + 2.25%, 3.00% (B), 04/18/2024		444,158		410,568
Cushman & Wakefield US Borrower LLC
Term Loan B,
1-Month LIBOR + 2.75%, 2.91% (B), 08/21/2025		965,169		921,133
RE/MAX International, Inc.
Term Loan B,
3-Month LIBOR + 2.75%, 3.50% (B), 12/15/2023		947,250		918,833
Realogy Group LLC
Term Loan A,
3-Month LIBOR + 2.25%, 2.44% (B), 02/08/2023		937,500		874,219
Redstone Buyer LLC
Term Loan,
TBD, 06/29/2027 (C) (E)		375,000		369,141
Trico Group LLC
Term Loan B,
3-Month LIBOR + 7.00%, 8.00% (B), 02/02/2024		1,224,516		1,168,393
				4,906,662
Software - 2.4%
Ceridian HCM Holding, Inc.
Term Loan B,
1-Week LIBOR + 2.50%, 2.61% (B), 04/30/2025		199,492		193,424
Epicor Software Corp.
Term Loan,
TBD, 07/29/2027 (C) (E)		250,000		249,795
MA FinanceCo. LLC
Term Loan B3,
1-Month LIBOR + 2.50%, 2.66% (B), 06/21/2024		56,003		52,670
Seattle Spinco, Inc.
Term Loan B3,
1-Month LIBOR + 2.50%, 2.66% (B), 06/21/2024		378,200		355,697
SS&C Technologies Holdings Europe SARL
Term Loan B4,
1-Month LIBOR + 1.75%, 1.91% (B), 04/16/2025		392,897		379,931

	Principal		Value
LOAN ASSIGNMENTS (continued)
Software (continued)
SS&C Technologies, Inc.
Term Loan B3,
1-Month LIBOR + 1.75%, 1.91% (B), 04/16/2025		$  559,228		$  540,774
Ultimate Software Group, Inc.
Term Loan B,
TBD, 05/04/2026 (C) (E)		350,000		346,544
				2,118,835
Specialty Retail - 1.7%
Bass Pro Group LLC
Term Loan B,
3-Month LIBOR + 5.00%, 6.07% (B), 09/25/2024		586,652		583,443
Men’s Wearhouse, Inc.
Term Loan B2,
1-Month LIBOR + 3.25%, 4.25% (B), 04/09/2025		967,243		187,404
Staples, Inc.
Term Loan B2,
3-Month LIBOR + 4.50%, 5.19% (B), 09/12/2024		789,519		697,737
				1,468,584
Technology Hardware, Storage & Peripherals - 0.4%
NCR Corp.
Term Loan,
1-Month LIBOR + 2.50%, 2.67% (B), 08/28/2026		397,000		383,601
Textiles, Apparel & Luxury Goods - 1.4%
Augusta Sportswear Group, Inc.
Term Loan B,
3-Month LIBOR + 4.50%, 5.50% (B), 10/26/2023		778,170		591,409
Kontoor Brands, Inc.
Term Loan B,
1-Month LIBOR + 4.25%, 4.42% (B), 05/15/2026		501,750		486,697
Varsity Brands, Inc.
Term Loan B,
1-Month LIBOR + 3.50%, 4.50% (B), 12/15/2024		185,562		147,290
				1,225,396
Wireless Telecommunication Services - 0.4%
T-Mobile USA, Inc.
Term Loan,
1-Month LIBOR + 3.00%, 3.16% (B), 04/01/2027		375,000		376,204
Total Loan Assignments (Cost $81,262,381)				73,857,699

The notes are an integral part of this report. Transamerica Funds Page    8

Transamerica Floating Rate

SCHEDULE OF INVESTMENTS (continued)

At July 31, 2020

(unaudited)

	Shares		Value
COMMON STOCKS - 0.2%
Health Care Providers & Services - 0.0%
Valitas Holdings, Inc. (H) (I) (J)		21,887		$  0
Household Durables - 0.2%
API Heat Transfer Intermediate Corp. (I)		889,572		200,154
Software - 0.0% (K)
Avaya Holdings Corp. (L)		4		50
Total Common Stocks (Cost $316,362)				200,204
PREFERRED STOCK - 0.2%
Household Durables - 0.2%
API Heat Transfer Intermediate Corp.,
0.00% (I)		215,406		156,169
Total Preferred Stock (Cost $215,406)				156,169
EXCHANGE-TRADED FUND - 0.6%
U.S. Fixed Income Fund - 0.6%
Invesco Senior Loan ETF (M)		22,000		476,080
Total Exchange-Traded Fund (Cost $464,002)				476,080
	Principal		Value
REPURCHASE AGREEMENT - 11.9%
Fixed Income Clearing Corp., 0.00% (N), dated 07/31/2020, to be repurchased at $10,399,692 on 08/03/2020. Collateralized by a U.S. Government Obligation, 0.25%, due 06/15/2023, and with a value of $10,607,690.		$  10,399,692		10,399,692
Total Repurchase Agreement (Cost $10,399,692)				10,399,692
Total Investments (Cost $97,429,764)				90,002,542
Net Other Assets (Liabilities) - (3.4)%				(2,962,998	)
Net Assets - 100.0%				$  87,039,544

The notes are an integral part of this report. Transamerica Funds Page    9

Transamerica Floating Rate

SCHEDULE OF INVESTMENTS (continued)

At July 31, 2020

(unaudited)

INVESTMENT VALUATION:

Valuation Inputs ^(O)

	Level 1 - Unadjusted Quoted Prices		Level 2 - Other Significant Observable Inputs		Level 3 - Significant Unobservable Inputs (P)		Value
ASSETS
Investments
Corporate Debt Securities	$	—	$	4,912,698	$	—	$	4,912,698
Loan Assignments		—		73,857,699		—		73,857,699
Common Stocks		50		200,154		0		200,204
Preferred Stock		—		156,169		—		156,169
Exchange-Traded Fund		476,080		—		—		476,080
Repurchase Agreement		—		10,399,692		—		10,399,692
Total Investments	$	476,130	$	89,526,412	$	0	$	90,002,542

FOOTNOTES TO SCHEDULE OF INVESTMENTS:

(A)	Securities are exempt from registration pursuant to Rule 144A of the Securities Act of 1933. Securities may be resold as transactions exempt from registration, normally to qualified institutional buyers. At July 31, 2020, the total value of 144A securities is $4,912,698, representing 5.4% of the Fund’s net assets.
(B)	Floating or variable rate securities. The rates disclosed are as of July 31, 2020. For securities based on a published reference rate and spread, the reference rate and spread are indicated within the description. Variable rate securities with a floor or ceiling feature are disclosed at the inherent rate, where applicable. Certain variable rate securities are not based on a published reference rate and spread, but are determined by the issuer or agent and are based on current market conditions; these securities do not indicate a reference rate and spread in the description.
(C)	When-issued, delayed-delivery and/or forward commitment (including TBAs) securities. Securities to be settled and delivered after July 31, 2020. Securities may display a coupon rate of 0.00%, as the rate is to be determined at time of settlement.
(D)	Rounds to less than $1 or $(1).
(E)	All or a portion of the security represents unsettled loan commitments at July 31, 2020 where the rate will be determined at time of settlement.
(F)	Payment in-kind. Securities pay interest or dividends in the form of additional bonds or preferred stock. If the securities make a cash payment in addition to in-kind, the cash rate is disclosed separately.
(G)	Restricted securities. At July 31, 2020, the value of such securities held by the Fund are as follows:

Investments	Description	Acquisition Date		Acquisition Cost		Value		Value as Percentage of Net Assets
Loan Assignments	Libbey Glass, Inc. Term Loan 3-Month LIBOR + 11.00%, 0.50% - 12.00%, 01/01/2021		06/03/2020	$	281,921	$	291,855		0.3	%
Loan Assignments	Libbey Glass, Inc. Term Loan 3-Month LIBOR + 1.00%, PIK Rate 2.00%, Cash Rate 2.00%, 2.00%, 11/30/2020		06/03/2020 - 07/09/2020		81,705		285,704		0.3
Loan Assignments	Libbey Glass, Inc. Term Loan B 1-Month LIBOR + 3.00%, PIK Rate 2.00%, Cash Rate 3.17%, 2.00% - 3.00%, 04/09/2021		10/22/2014 - 07/13/2020		954,310		163,989		0.2
Loan Assignments	Fieldwood Energy LLC 1st Lien Term Loan 3-Month LIBOR + 5.25%, 6.25%, 04/11/2022		04/11/2018		1,095,930		264,000		0.3
Total				$	2,413,866	$	1,005,548		1.1	%

(H)	Security is Level 3 of the fair value hierarchy.
(I)	Fair valued as determined in good faith in accordance with procedures established by the Board. At July 31, 2020, the total value of securities is $356,323, representing 0.4% of the Fund’s net assets.
(J)	Security deemed worthless.
(K)	Percentage rounds to less than 0.1% or (0.1)%.
(L)	Non-income producing security.
(M)	All or a portion of the security is on loan. The value of the security on loan is $476,080, collateralized by non-cash collateral, such as U.S. government securities and irrevocable letters of credit, of $489,500. The amount on loan indicated may not correspond with the security on loan identified because a security with pending sales are in the process of recall from the brokers.
(N)	Rate disclosed reflects the yield at July 31, 2020.
(O)	There were no transfers in or out of Level 3 during the period ended July 31, 2020. Please reference the Investment Valuation section of the Notes to Schedule of Investments for more information regarding investment valuation and pricing inputs.
(P)	Level 3 securities were not considered significant to the Fund.

The notes are an integral part of this report. Transamerica Funds Page    10

Transamerica Floating Rate

SCHEDULE OF INVESTMENTS (continued)

At July 31, 2020

(unaudited)

PORTFOLIO ABBREVIATIONS:

TBD	To Be Determined
LIBOR	London Interbank Offered Rate
Prime Rate	Interest rate charged by banks to their most credit worthy customers

The notes are an integral part of this report. Transamerica Funds Page    11

Transamerica Floating Rate

NOTES TO SCHEDULE OF INVESTMENTS

At July 31, 2020

(unaudited)

INVESTMENT VALUATION

All investments in securities are recorded at their estimated fair value. The Fund values its investments at the official close of the New York Stock Exchange (“NYSE”) each day the NYSE is open for business.

The Fund utilizes various methods to measure the fair value of its investments on a recurring basis. Generally Accepted Accounting Principles in the United States of America establishes a hierarchy that prioritizes inputs to valuation methods. The inputs or methodology used for valuing securities are not necessarily an indication of the risk associated with investing in those securities. The three levels (“Levels”) of inputs of the fair value hierarchy are defined as follows:

Level 1 — Unadjusted quoted prices in active markets for identical securities.

Level 2 — Inputs, other than quoted prices included in Level 1, which are observable, either directly or indirectly. These inputs may include quoted prices for the identical instrument on an inactive market, prices for similar instruments, interest rates, prepayment speeds, credit risk, yield curves, default rates, and similar data.

Level 3 — Unobservable inputs based on the best information available in the circumstances, to the extent observable inputs are not available, which may include the Fund’s own assumptions used in determining the fair value of investments.

The inputs used to measure fair value may fall into different Levels of the fair value hierarchy. In such cases, for disclosure purposes, the Level in the fair value hierarchy that is assigned to the fair value measurement of a security is determined based on the lowest Level input that is significant to the fair value measurement in its entirety. Certain investments that are measured at fair value using Net Asset Value per share, or its equivalent, using the “practical expedient” have not been classified in the fair value Levels. The hierarchy classification of inputs used to value the Fund’s investments at July 31, 2020, is disclosed within the Investment Valuation section of the Schedule of Investments.

The availability of observable inputs can vary from security to security and is affected by a wide variety of factors, including, but not limited to, the type of security, whether the security is new and not yet established in the marketplace, the liquidity of markets, and other characteristics particular to the security. To the extent that valuation is based on models or inputs that are less observable or unobservable in the market, the determination of fair value requires more judgment. Accordingly, the degree of judgment exercised in determining fair value is generally greatest for instruments categorized in Level 3. Due to the inherent uncertainty of valuation, the determination of values may differ significantly from values that would have been realized had a ready market for investments existed, and the differences could be material.

Fair value measurements: Descriptions of the valuation techniques applied to the Fund’s significant categories of assets and liabilities measured at fair value on a recurring basis are as follows:

Corporate debt securities: The fair value of corporate debt securities is estimated using various techniques, which consider recently executed transactions in securities of the issuer or comparable issuers, market price quotations (where observable), bond spreads, fundamental data relating to the issuer, and credit default swap spreads adjusted for any basis difference between cash and derivative instruments. While most corporate debt securities are categorized in Level 2 of the fair value hierarchy, in instances where lower relative weight is placed on transaction prices, quotations, or similar observable inputs, they are categorized in Level 3.

Loan assignments: Loan assignments are normally valued using an income approach, which projects future cash flows and converts those future cash flows to a present value using a discount rate. The resulting present value reflects the likely fair value of the loan. To the extent the inputs are observable and timely, the values would generally be categorized in Level 2 of the fair value hierarchy; otherwise are categorized in Level 3.

Equity securities: Securities are stated at the last reported sales price or closing price on the day of valuation taken from the primary exchange where the security is principally traded. To the extent these securities are actively traded and valuation adjustments are not applied, they are categorized in Level 1 of the fair value hierarchy. Equities traded on inactive markets or valued by reference to similar instruments are generally categorized in Level 2 or Level 3 if inputs are unobservable.

Exchange-traded funds (“ETF”): ETFs are stated at the last reported sale price or closing price on the day of valuation taken from the primary exchange where the ETF is principally traded. ETFs are generally categorized in Level 1 of the fair value hierarchy.

Repurchase agreements: Repurchase agreements are valued at cost, which approximates fair value. To the extent the inputs are observable and timely, the values are generally categorized in Level 2 of the fair value hierarchy.

Restricted securities: Restricted securities for which quotations are not readily available are valued at fair value. Restricted securities issued by publicly traded companies are generally valued at a discount to similar publicly traded securities. Restricted securities issued by nonpublic entities may be valued by reference to comparable public entities and/or fundamental data relating to the issuer. Depending on the relative significance of observable valuation inputs, these instruments may be classified in either Level 2 or Level 3 of the fair value hierarchy.

The notes are an integral part of this report. Transamerica Funds Page    12